Stacy Staked XTZ
STXTZ

0.4227
$
0.24 %
Change 24h
Market Cap
$ 5,316,530
Volume 24h
$ 124,352
Circulating Supply
12,581,647
Total Supply
91,310
STXTZ
$
# Exchange Pair Price Volume 24h

Description

stXTZ is a derivative of Tezos' native token XTZ that is staked on Stacy.fi. Stacy.fi is a decentralized protocol allowing users to stake XTZ and participate in the consensus mechanism of Tezos. Staking helps to secure the Tezos network under a proof-of-stake consensus mechanism. stXTZ is FA2 compliant token on Tezos which represents a share of the stXTZ staking pool. stXTZ has a value expressed in XTZ which can easily be calculated by dividing the sum of all staked XTZ in the stXTZ pool by the total supply of stXTZ.